Sri Lanka faces a current account deficit in September due to surging car imports after resuming them in February. Reserves ...

Sri Lanka sees a current account deficit in September driven by a surge in car imports, following a surplus streak from January to August. Vehicle imports totalled USD 286 million in September, with a ...

After a remarkable recovery from a very deep crisis in 2022, Sri Lanka’s recent Budget consolidates economic stablisation and ...

The Sri Lankan government this week confirmed it will lift its ban on vehicle imports into the country this year, as it looks to increase its import tax revenues and improve public finances. The ...

The country needs a credible government that enjoys legitimacy in the eyes of the people. Forming one will be a herculean task. Protestors stand on a police riot control vehicle during anti-government ...

A year after the leftist National People’s Power (NPP) coalition won an unprecedented supermajority in Sri Lanka’s November 2024 parliamentary elections—with support from both the majority Sinhala ...